Thailand Shines at the 2024 ACES Awards

The ACES Awards 2024 recognized Thailand’s leadership in sustainable innovation, honoring 59 businesses and leaders for integrating growth, environmental stewardship, and community impact, exemplifying a progressive corporate sector in Asia.

Key Points

• ACES Awards 2024 Overview: The Asia Corporate Excellence and Sustainability (ACES) Awards showcased Thailand’s leadership in sustainable innovation, with 118 nominations from 682 entries across 17 countries. The event honored 59 exemplary leaders and organizations for their contributions to growth, environmental stewardship, and community impact.
• Spotlight on Leaders and Companies: Dr. Ausanee Mahagitsiri Leonio received recognition as an Outstanding Leader for her transformative work at KFU Company Limited. Notable companies included Bangkok Life Assurance, awarded the Sustainability Rising Star, and Mitr Phol Sugar Corporation, recognized as the Top Sustainability Advocate for its net-zero commitment.
• Financial Institutions’ Role: Financial entities like Krungthai Bank and CIMB Thai Bank were highlighted for their sustainability efforts. The ACES Awards confirmed Thailand’s corporate sector as a beacon of sustainable progress in Asia, blending profitability, social impact, and environmental care.

The Asia Corporate Excellence and Sustainability (ACES) Awards 2024 underscored Thailand’s emergence as a frontrunner in sustainable innovation and corporate responsibility, showcasing a remarkable 118 nominations from a total of 682 entries across 17 countries, with 250 finalists representing the best in business excellence. This year’s awards celebrated the integration of economic growth, environmental stewardship, and community impact, redefining excellence in the corporate sector.

Among the distinguished leaders recognized was Dr. Ausanee Mahagitsiri Leonio, President of KFU Company Limited, awarded for her exemplary leadership at Krispy Kreme and Cinnabon. Her approach during challenging periods, notably the pandemic, emphasized innovation and corporate social responsibility, ultimately reinforcing robust community ties and driving business success.

A focal point of the awards was sustainability, with 34 companies acknowledged for their significant impacts. Bangkok Life Assurance (BLA) received the Sustainability Rising Star Award for its ‘Happy Ps’ model, achieving notable reductions in energy use, greenhouse gases, and paper consumption, while promoting financial literacy and health education. Mitr Phol Sugar Corporation stood out as the Top Sustainability Advocate in Asia, committed to carbon neutrality by 2030 through regenerative agriculture and renewable energy initiatives, illustrating a commitment to sustainable business.

Community-centric initiatives also shone brightly, with Central Retail Corporation being lauded for empowering local farmers through the JingJai Farmers’ Market. Frasers Property (Thailand) was recognized among Asia’s Most Influential Companies, aligning sustainable urban development with net-zero carbon objectives. Financial institutions contributed significantly to the sustainability dialogue, with Krungthai Bank and CIMB Thai Bank earning accolades for fostering economic resilience and transitioning high-carbon sectors towards greener practices.

Overall, the ACES Awards 2024 positioned Thailand’s corporate landscape as a catalyst for sustainable advancement, demonstrating how profitability can harmoniously coexist with social responsibility and environmental care, setting a potent precedent for the Asia-Pacific region and beyond.